Preventing Online Identity Theft Using Advanced Password Protection & Encryption Software

 
 
 
Preventing Online Identity Theft
Using Advanced Password Protection
and Encryption Software
Redefining Identity Theft Protection
 An AlertBoot Whitepaper
 
 
 
 
 
 
 
 
 
 
 
 
 
Preventing Online Identity Theft Using Advanced Password Protection and Encryption Software  
Overview  Online identity theft is not what it used to be. It also is not what it will be tomorrow, next week, or next year. Always evolving right along with the solutions that thwart it, online theft of highly sensitive personal information not only continues to plague large corporations, but also hits individuals at home. A 2006 Ponemon Institute benchmark study found that more than 90 percent of all data breaches were in digital form-primarily laptops, electronic backups, and hacker attacked systems. The study also demonstrated the extreme cost consequences of a Identity theft data breach by organizations. Of the organizations surveyed, each breach cost an average of $182 per record and $4.8 million occurs when a per incident based on roughly 26,300 records lost. criminal uses Individuals may view these statistics as only relevant to major another person's corporations, but as more and more people rely on computers credit card and and the internet for banking, online bill payments, tax preparation, and other data sensitive tasks, they too run the risk mail fraud. of losing vital information to internet criminals. Online identity theft can be much more costly than paper-based identity theft. It is also a much easier crime to carry out. With today's technology, a criminal can easily wreck thousands of people's lives within a matter of minutes. With the lure of easy money, more and more criminals are moving to online identity theft. Pre-boot While corporations are large and easy targets, individuals can easily find themselves the prey of online identity theft. Authentication prevents anything Consumers seem to feel comfortable thinking that surely one of those anti-virus, anti-spam, or "anti-whatever" software being read from applications that came installed on their computers will protect the hard disk (even them. Many find out the hard way that these do not afford the protection needed when faced with internet criminals. the operating system) until the According to the "2008 Identity Fraud Research Report" by Javelin Strategy And Research, of the identity thefts in the US for user enters the 2007, 12% occurred online, and 7% resulted from data breaches. correct password. Some might think these are small numbers, but just ask anyone who was a victim of online identity theft or a data breach, and they might differ. Whether and organization or an individual, identity theft spells a long, expensive, and complex recovery process. However, online identity theft can be prevented with encryption software and advanced password protection. AlertBoot offers users a single solution that can help prevent identity theft on multiple levels.
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A Streamlined Approach With the myriad of possible ways your sensitive data can be I forgot accessed by thieves, having a single point of command makes the most sense. Otherwise, it could be a fulltime task just keeping my password! track and updating all of the computers, devices, passwords, and Don't worry, just call. files susceptible to identity theft. AlertBoot offers a personal helpdesk for Additionally, since individuals do not have the luxury of a fulltime password recovery - IT staff, yet they can possibly have a countless number of at-risk available 24 hours a endpoints (desktops, laptops, smart phones, PDAs, USB drives - and multiply that times the number of family members), having a day, 7 days a week, single streamlined method of deploying and maintaining data 365 days a year. Also, security is imperative. locked-out users who have access to the Entirely web-based, AlertBoot enables remote, centralized Internet can reset management of a... [download for more]